NEXIM
The Federal Government has commended the management of the Nigerian Export Import Bank (NEXIM) for returning the bank to profitability and reduction in non-performing loans. Mrs Zainab Ahmed, Minister of Finance, Budget and National Planning, gave the commendation, in a statement by Mr Tijjani Mohammad, Principal Information Officer of the ministry, on Friday in Abuja. Ahmed also inaugurated two newly appointed non-Executive Directors into the board of the bank. The minister noted that NEXIM’s return to profitability and reduction in its non-performing loans had impacted positively on the bank’s statutory mandate. She expressed delight at the bank’s intra–African trade initiatives in readiness for the African Continental Free Trade Agreement (AfCFTA).